Foundation Finance

The Foundation’s mission is to meet charitable community needs through leadership, grants and services. One way we achieve our mission is to facilitate prudent management and care of our funds.

The Foundation believes the best long-term performance will be achieved through a balanced portfolio consisting of 75% equities and 25% fixed income and cash. As an affiliate of the Greater Salina Community Foundation (GSCF), the funds at the Russell County Area Community Foundation are pooled together with all the funds held by GSCF and their affiliates. The funds are invested with Vanguard and governed by a local Finance Committee at GSCF.

We are confident in our performance and rate well when compared to other investment pools. See our GSCF Investment Portfolio to see where we rank among other comparative indices.

Sep 10 @ 4:00 pm – 5:00 pm

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Recent News

March 1st, 2019

RUSSELL, Kan.—The Russell County Area
Community Foundation is pleased to announce that the Lucas Arts and Humanities
Council has accepted a $25,000 grant to support the creation of a gateway for
Greenhorn Post Rock Limestone tourism in Kansas.
The grant is a result of the
foundation’s new Strategic Partnership for the Advancement of Russell County
(SPARC) grant program, which aims to stimulate significant economic
development, community collaboration, and long-term, measured impact in Russell
County.
The project will initially focus on
the development of a 17-county coalition to promote tourism in Post Rock
country, with Russell County as the hub, offering educational exhibits, limestone
gifts, tours of regional limestone architecture, and stone[...]

February 22nd, 2019

RUSSELL, Kan.—The Russell County Area
Community Foundation is pleased to announce that Russell Development
Incorporated (RDI) will receive a $175,000 grant to purchase and develop 20
acres of commercial real estate along Interstate 70 in Russell.
The grant will be funded through the foundation’s new Strategic Partnership for the Advancement of Russell County (SPARC) grant program. Throughout the multi-tiered application process, the grant selection committee felt RDI’s I-70 proposal fully encompassed the SPARC mission to stimulate significant economic development, community collaboration, and long-term, measured impact in Russell County. SPARC, which launched last summer, is the community foundation’s largest single grant since opening in 2001.
“The[...]